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This paper investigates the effects of inward FDI on per-capita income and growth of the US states since the mid-1970s. Using a Markov chain approach, it shows that both quantitative and qualitative characteristics of FDI affect per-capita income and growth. Employment-intensive FDI,...
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The de facto politically independent Taiwan is coming under increasing pressure from the People’s Republic of China …. Germany is committed to a one-China policy, which rules out any diplo­matic recognition of Taiwan. Nevertheless, there is … scope to expand and intensify relations below this threshold and thus counter China’s policy of intimidating and isolating …
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